4.4 Strengths, Weaknesses, Opportunities, and Threats of Rice Pledging Policy
This part will discuss about strengths, weaknesses, opportunities and threats of rice pledging policy. The study revealed this analysis according to opinion of rice local
trader and government office.
4.4.1 Strengths The survey indicated that the strengths of rice pledging policy are including 1
this program benefits for farmers, because farmers can keep their paddies at low selling price, 2 farmers receives higher paddy price than market prices, 3 increase
rice farmer income, because it is a objective of program, 4 rice mills gets milling cost from the program, 5 rice mills does not require borrowing money to buy paddy from
farmers, 6 the government becoming the largest rice trader. Majority of respondent revealed that farmers receives higher paddy prices than
market prices, increase rice farmer incomes, rice mills does not require borrowing money to buy paddy from farmers, and the government becoming the largest rice
trader are strengths of rice pledging program.
4.4.2 Weaknesses The findings revealed that the weaknessess of rice pledging police are
including 1 in the dry season, the program only benefits farmer in irrigated area, 2 the most benefits of program is accepted by rice farmers and poor farmers only
receives low benefit of the program, 3 many of Thai farmers is unpaid, 4 each market level farm gate, wholesale, retail, and export do not receive same effect when
rice price changed, 5 farmers received the lowest share of the profit, 6 many local trader lost their job, 7 financial cost of program become very high increased
government expenditure, 8 amount of paddy that stored by goverment is increased, 9 amount of paddy that milled and sold by government is decreased, 10 stock sale of
rice can causes fluctuation rice price, 11 the government does not necessary facilities to handle several million tonnes of paddy, 12 causal of changes market structure, and
13 reduce the incentive to provide high rice quality. Both of respondent indicated that the most benefit of program is accepted by
rice farmers and poor farmers only received low benefit, farmer received the lowest
share of the profits, financial cost of program is increased, amount of paddy that stored by government is increased, amount of paddy that milled and sold by government is
declined, stock sale of rice can cause fluctuation rice price, causal of changed market structure, and reduce the incentive to provide high rice quality are weaknessess of rice
pledging program.
4.4.3 Opportunities This study indicated that the opportunity of the rice pledging program is many
countries consumes rice. Rice as staple food for majority of people can be an opportunity to continue this program. However, compared with the weaknessess and
threats of the program, this program can not be effort.
4.4.4 Threats The survey indicated that the threats of the program are including 1import
countries change to another countries for importing rice, 2 Thai rice price more expensive than Vietname rice price, 3 the program to intervere price, have proven
ineffective compared to the demand and supply of rice in the world market, and 4 Thailand lost market share in rice world market.
Majority of respondent indicated that importing countries changed to another countries for importing rice, Thai rice price more expensive than Vietnam rice price,
and Thailand lost market share in rice world market are threats of the program.
4.5 Constraint of Rice Pledging Policy
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